Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: thackney

What a WASTE!! Natural Gas has much higher value than converting it to liquid. It is the perfect fuel for heating and cooling buildings and providing feedstock to petrochemical plants.

Coal is not effective for either of those uses, but is abundant.

Sasol has good coal liquefaction technology and could apply that rather than their gas-to-liquid technology.


20 posted on 12/04/2012 6:36:58 AM PST by ProtectOurFreedom
[ Post Reply | Private Reply | To 1 | View Replies ]


To: ProtectOurFreedom
Natural Gas has much higher value than converting it to liquid.

No, just the opposite.

In 2013, natural gas is expected to be $3.34 per MMBtu. It should average $2.65 per MMBtu in 2012.

http://www.eia.gov/forecasts/steo/archives/Sep12.pdf

The current price of diesel in the US is over $31 per MMBTU. There is a lot of room to spend money on the conversion and still profit on the conversion.

22 posted on 12/04/2012 6:43:58 AM PST by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson